Plastic Safety Net Causes Long-Term Problems if Unchecked

In a Demos article titled The Plastic Safety Net, Tamara Draut and Jose Garcia outline how households are managing their cost of living in these hard economic times.

While the deep recession continues to threaten the financial well being of middle-income families, its become a more dramatic problem;  even before the economy tanked, millions of households were already having a hard time meeting most simple expenses, and barely making minimum payments owed to creditors.  As unsecured debt balances ballooned families are now experience declining home values and see their credit lines shrink, a lot more people are falling behind on their mortgage and credit card payments.

Now is the time to get out of debt!  Our credit counselors can help you develop a customized debt solution plan to help you get out of debt quickly.  The call is free, so act now!